Filinvest to merge hospitality units
MANILA, Philippines – Filinvest Development Corp. (FDC) announced plans to merge eight of its hospitality units into a single company to streamline its operations.
This strategic move comes amid expectations that domestic tourism will continue to improve and drive economic growth in the country.
The Gotianun-led conglomerate disclosed on Tuesday that its board of directors had approved the consolidation. The merged entity will operate under the name Filinvest Hospitality Corp. (FHC).
https://business.inquirer.net/552598/filinvest-to-merge-hospitality-units
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